Closed

The Elser Hotel & Residences, 398 NE 5th St #2007, Miami, FL 33132

StudioBeds
1Baths
442SqFt

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Details

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Status:
Sold - Mar 12, 2025
Parking: 1
Size: 442 SqFt (41 m2)
Price: $1,301/SqFt ($14,003/m2)
Type: Condo
Built: 2022
HOA: $1,513/MO
MLS Number: A11680875
View: City,Water
On Site: 294 Days
Updated: 152 Days ago
Page Views: 0
NEW CONSTRUCTION ~Blt. 2022
Beautiful studio hotel/condo unit nestled in the bustling heart of downtown miami. Featuring a fully-equipped kitchen and chic modern furnishings, including a flat-screen tv, this unit offers both style and convenience. Rest easy on the plush king-size bed or utilize the pull-out couch for additional guests. Wake up to stunning views of miami beach through the expansive east-facing windows. Indulge in the lavish amenities of this condominium, including a wrap-around pool, a state-of-the-art gym spanning two stories, valet parking, and more. Its unbeatable location provides easy access to the kaseya center, bayside marketplace, major roadways, the port of miami, public parks, and transportation options.don't miss out on this exceptional opportunity
Features
Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony
  • View: City,Water
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Disposal, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile
  • Windows/Treatment: Blinds,ImpactGlass
  • Year Built: 2022
  • Year Built Description: New Construction
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2024-10-22T17:57:59.000-00:00
    • Directions: Northeast
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, Sewer, Security, Trash, Water
    • Taxes: 11516
    • Security Information: ElevatorSecured, SecuredGarageParking
    • Parking Description: OneSpace
    • Total Floors in Building: 49

    Price History

    03/12/2025

    Date

    Sold

    Event

    $575K

    Price

    0%

    Change Rate

    $1,301 ft2 / $14,003 m2

    Price Per

    12/13/2024

    Date

    Price Reduced

    Event

    $575K

    Price

    -4.01%

    Change Rate

    $1,301 ft2 / $14,003 m2

    Price Per

    10/22/2024

    Date

    Listed

    Event

    $599K

    Price

    $1,355 ft2 / $14,587 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Kevin WaissmannFortune Christie's International Real Estate • Buyer Agency Compensation .

    Instant Comps

    $900/ft²
    $1,100/ft²
    $1,400/ft²
    $1,700/ft²

    Unit #2007 – Asking

    $1,301/ft²

    (-12%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $1,486/ft²
    Community $/Price Range (Closed) $1041/ft² – $1589/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 37071/1442$1,041NortheastBay, Intercoastal, Ocean$460,0007/24/2025
    # 38071/1442$1,357NortheastCity$600,00012/18/2023
    # 46071/1442$1,380NortheastCity$610,00012/18/2023
    # 16071/1442$1,535NortheastCity$678,3008/30/2023
    # 22071/1442$1,642NortheastCity$725,7008/30/2023
    # 29071/1442$1,611NortheastCity$711,9008/30/2023
    # 30071/1442$1,681NortheastCity$742,9008/30/2023
    # 40071/1442$1,645NortheastCity$727,3008/30/2023
    Unit: # 3707
    Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,041Exposure: NortheastView: Bay, Intercoastal, OceanSold: $460,000Closed Date: 7/24/2025
    Unit: # 3807
    Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,357Exposure: NortheastView: CitySold: $600,000Closed Date: 12/18/2023
    Unit: # 4607
    Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,380Exposure: NortheastView: CitySold: $610,000Closed Date: 12/18/2023
    Unit: # 1607
    Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,535Exposure: NortheastView: CitySold: $678,300Closed Date: 8/30/2023
    Unit: # 2207
    Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,642Exposure: NortheastView: CitySold: $725,700Closed Date: 8/30/2023
    Unit: # 2907
    Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,611Exposure: NortheastView: CitySold: $711,900Closed Date: 8/30/2023
    Unit: # 3007
    Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,681Exposure: NortheastView: CitySold: $742,900Closed Date: 8/30/2023
    Unit: # 4007
    Bed/Bath: 1/1Size SqFt: 442$/SqFt: $1,645Exposure: NortheastView: CitySold: $727,300Closed Date: 8/30/2023
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